Review Series

How attractive are Central Western Europe's markets for battery storage?

As we are progressively decarbonising our energy systems, flexibility has become non-negotiable. The question now is where to invest? Do we need more battery storage, to build electrolysers, to make wind and solar production more flexible, or to enable demand response? Our technical advisory team will be exploring these questions in our new Market Attractiveness Review Series, starting with a deep dive into the battery storage markets in Central Western Europe (plus Hungary).

Decarbonising the energy sector hinges on the ability to deploy and integrate significantly more flexibility into the electricity system, addressing challenges from balancing to congestion management and other essential services that preserve the power system’s reliability. Furthermore, decarbonising all end-user sectors, encompassing transport, heating, and industrial processes, necessitates the deployment of a broader spectrum of technologies across all network levels and will significantly contribute to bridging the flexibility gap.

Which flexibility sources to invest in?

The electricity sector urgently requires substantial investments in new sources of flexibility, both on the supply and demand side. Many factors are crucial in establishing a positive business case, such as market access conditions, subsidy schemes, the regulatory framework, price dynamics, consumer preferences, and network tariffs, among others.

The first in a series of reviews

In this Market Attractiveness Review Series, we will share our analysis of the market attractiveness of several key technology categories that are essential for providing much-needed flexibility to the energy system. Kicking off with an analysis of the attractiveness of the battery storage markets in Central Western Europe.

What you will find in the analysis

Our approach to the analysis
Fundamentals of battery storage: its techno-economic considerations and its place in the value chain – front and behind the meter
European regulatory and technology developments affecting the business case for battery storage
Market attractiveness assessment per country, in terms of the cost of entry, market adoption, market potential, and trend
- Austria
- Belgium
- France
- Germany
- The Netherlands
- and, as a bonus, Hungary